Guy and Boyd Make an Oral Contract Whereby Guy Agrees

question 44

Multiple Choice

Guy and Boyd make an oral contract whereby Guy agrees to sell Boyd 480 widgets (goods) at a price of $480.Later,the parties want to modify the contract so that the price would become $520.This modification:

• A)must be in writing.
• B)must be oral because the first contract was oral.
• C)can be oral but need not be.
• D)is unenforceable because the first contract is unenforceable.

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Definitions:

Bystander Intervention

In an emergency situation, a quick response by a person witnessing the emergency to help another who is endangered by events.

Noticing

The act of observing or paying attention to something, often the initial step in cognitive processing or perception.

Good Moods

Positive emotional states characterized by feelings of happiness, contentment, or optimism.

Behavioral Models

Theoretical frameworks that explain and predict behaviors by analyzing the interaction between individuals and their environment.